The primary concern that we would take up is the hurdle of multiple taxation. We have 22- 24 per cent taxation on hotels and 18- 20 per cent taxes on F& B. We get around six million FTAs in India. Even our neighbouring countries such as Hong Kong, Singapore, Thailand
don’t have taxes beyond 7- 10 per cent. They obviously get three to four times the foreign tourists India receives. There is some lesson in it. You can either have 20 per cent taxes and get six million FTAs or you can have ten per cent taxes and get 12 million inbound. This also discourages discretionary spending by domestic tourists as well. Thus, regulatory issues such as multiple taxation that are adversely impacting India’s hospitality and tourism sector will be taken up this year.